Mike Vardas

Experience

• 

  Cboe Global Markets

  Jan 1982 - Jan 1983

  OBO Clerk
• 

  Northern Trust

  Jan 1983 - Jan 2021

  • Directed global business strategy, investment management, relationship management/sales, and global product development.• Provided material contribution to Northern Trust Corporation’s net income with 50% pretax business margin.• Oversaw $175B of securities finance assets on loan, $3T of annual FX client traded volume across 70 currencies, and $246B annual brokerage and transition management volume across 44 countries.• Managed 320 professionals in Chicago, Toronto, London, Dublin, New York, Hong Kong, Singapore, Sydney, and Seoul. Show less • Performed global trading, investment management, relationship management and sales, and global product development, with net contribution of $122M in 2004 and 65% pretax margin as well as $190B of securities on loan and $130B of cash collateral under management – 540 clients in 44 markets with 80 employees in Chicago, London, Toronto, and Hong Kong.• Global Commission Recapture - Performed global business strategy development and execution – net contribution of $4.2M in 2004 with 70% pretax margin as well as $25M of commissions recaptured from over 100 clients. Show less

  • Global Executive VP: Northern Trust Capital Markets, Brokerage, Foreign Exchange, Securities Finance

    Jan 2009 - Jan 2021

  • SVP - Managing Director, Northern Trust Quantitative Management || Northern Trust Investments, N.A.

    Jan 2005 - Jan 2009

  • Senior Vice President – Business Manager, Global Securities Lending

    Jan 1997 - Jan 2005

  • Vice President - Trading Manager, Global Securities Lending

    Jan 1994 - Jan 1997

  • Vice President | Second Vice President, Division Head, Interest Rate Risk Management

    Jan 1987 - Jan 1994

  • Finance Officer

    Jan 1986 - Jan 1987

  • Risk Representative - Interest Rate Risk Manager, Interest Risk Management Division

    Jan 1985 - Jan 1986

  • Reserve Position Manager, Reserve Position Management Division

    Jan 1983 - Jan 1985